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if the u.s. economy goes over the fiscal cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out to tokyo where carry enjoji has been talking about the upcoming elections. then, we hone in on central london where one pilot project is living roof and major buildings. find out what green living can do go r to improve the area. >>> and today, the 1 billionth international tourist will reportedly arrive at a destination in the world. at 11:20 central time, we'll speak to the world travel council to find out why france is still the world's top destination but more money is spent in the u.s. and central america is now a star performer. first, we want to get the latest news. looking for confidence out
it in perspective. the euro/u.s. dollar didn't move that much whatsoever. from that point of view, i don't think that we just have to look at today or the last two days of development in euro/u.s. dollar. of course, global trade is really important for the german economy. it continues to be very important. even from a private consumption point of view, we did have quite a bit of support as of late. also because of the wages. and looking at the world bank report, also looking at the asian economies in 2013, 2014, them seeing a little better picture is very good for the german economy and not to speak about the turnaround in the u.s. which seems to be stabilizing, looking this also at the housing market. so business sentiment better than expected. it is rising. the current conditions a little weaker than expected. add to that the financial analyst numbers we had as of late, also better than expected. not too bad. >> patricia, we'll see you again next hour. thank you very much for following all the latest there. >> sure. >>> now, shares in ubs have edged up in early trade after the bank announced a
indeployment of the patriot missile batteries from u.s., germany and netherlands. this would serve to be a pretty firm warning to the flailing assad regime to mess with nato member, turkey. if you talk to some of most vocal critics, though of the proposal, and that would be the russians who are in brussels at that nato meet and who were here, putin in istanbul, meeting with turkish leadership yesterday, they argue further militarizing this long border will only serve to escalate tensions. >> all right. ivan, thanks so much. ivan watson in istanbul, who is being down near that bordertown that has been the subject of shelling. moving on. before the scandal broke, many people could have seen former cia director david patreaus running for office. and now there is news that he was indeed approached. the way he was approached may surprise you. >>> also -- israel standing firm on its decision to go forward with construction of new settlements in the west bank and east jerusalem. hear what that might mean for the middle east peace process if that even exists. and when you switch from anoth
in november than they did last year. the total u.s. retail sales increased 4 1/2% for the same period. >> apple has begun the early stages of a television set testing. that's the word from wall street journal this morning. kaukauna's collaborating with giant tax to test designs for a large screen high-resolution tv. apple has been testing television several times for a number of years. the testing comes after apple ceo them put hinted in an interview last month of the new tv product offering may be on the horizon. we will see what comes out of that. net flicks says they've learned which in that service provider is the fastest. they did this by tracking subscriber download speeds. net flicks ranked google fiber as a speedy as internet connection and the u.s. with average down mosby's of 2.5 mb per second. the bad as it is will fiber is only available in just one place right now kansas city, attack kansas. the rest of us net flicks as horizon files ranks no. 2 at nearly 2.2 mb per second. tomcats comes at a close third. >> 611 as the time and we will be back in a couple of minutes as we
ground. >> susie: i'm susie gharb. the u.s. stock markeis expeed to be the world's best performer in 2013. that's the prediction of john rogers of the c.f.a. institute. he joins us tonight. >> tom: and new rules for health care also are around the corner. tonight, we look at how small businesses are preparing for the changes. >> susie: that and more tonight on nbr! >> tom: there's no deal, but the two sides are still talking. house speaker john boehner and president obama met earlier this evening at the white house in an effort to move forward the stalled fiscal cliff talks. there are now just 18 days before the tax hikes and spending cuts thatake up the clf take efft, and today, there were few signs of progress. as darren gersh reports, the tone of the talks, if anything, is getting worse. >> reporter: house democratic leader nancy pelosi may just have a second career as a stock analyst. her commentary on the markets today was dead on. >> so far, they trust that we would not be so stupid as to go over a cliff. >> reporter: but pelosi made clear what everyone knows-- time is running out t
rice's because of her comments about that attack on the outpost in benghazi. terrorists killed our u.s. ambassador to it libya chris stevens and three other americans on september 11th of this year. three days later ambassador rice went on the talk show circuit and said several times u.s. officials believed the violence was a spontaneous reaction over protests to anti-muslim video not a preplanned terrorist attack. intelligence officials say they gave her those talking points but those opponents did not back down and today ambassador rice sent the letter to the president, quote: i am now convinced that the confirmation process would be lengthy, disruptive and costly to you and to our most pressing national and international priorities. that tradeoff is simply not worth it to our country, end quote. we have team fox coverage now. catherine herridge is live on capitol hill where lawmakers got another classified briefing on benghazi today. first though to ed henry live at the white house. ed, what's the reaction there? good evening, harris. there is disappointment here because i said ove
the u.s. stock market will be the best performing stock market in the world. for details, john rogers joins us. he's c.e.o. of the cfa institute that conducted the survey. so john, the u.s. stock market ranked as the best performer. if we look at the charge of coming in in second place, china and brazil. why the vote of confidence considering all these concerns about the fiscal cliff? >> you're right, susie. it's interesting. it's a happy holiday season for investors. in the u.s. the stock market is going to have returned close to 13, 14%. and charter financial analysts around the world that we surveyed as you say feel pretty good about the prospects for next year. markets often do climb a wall of worry but in perspective we've had resolution of political uncertainty here in the united states. the new political leadership in china appears to be market friendly. we have avoided having southern europe slip into the mediterranean. and so also given other asset classes equities appear to be relatively attractive. >> let's talk about that, actually. because did you ask the people that you
to go to brazil six months ago, if you told me the u.s. had just run faster, -- grown faster, 2.7%, we're expecting the u.s. economy to grow to%. the reason i raise this is to go down there and talk to policy makers and business people. we could have more taxes here, more regulation there. a little more cost of labor here. and a fair amount of uncertainty and take on one of the great economic miracles. they understand this thing they have a great economy growing rapidly is fragile and requires government to facilitate rather than later uncertainty. that is almost like a test tube of forcing. we had a time in which we had a huge amount of uncertainty. comes from -- some comes from government action. we had an aggressive regulatory agenda. we have not made a certain investments we have made. you add that up and you have a period in which businesses are operating under huge weight. creates the conditions under which businesses can operate in intellectual freedom. among the things government can do is create the conditions under which cost [no audio] to allow businesses to innovate. >> one
. the projects will support prevention and protection capabilities. >> a u.s. attorney says this document plaza residents should be concerned about their privacy rights. >> we are essentially concerned that drones have the capacity to be abused tremendously. >> to get more on that story as the controversy continues to brew. >> let us turn our attention to weather. we have wet weather on the horizon. let us see if it is expected to fall today. >> good morning james we will see live rain especially the north bay. the chances hold off as we wake up tomorrow morning. you are looking live outside relatively clear conditions. we have no issues with visibility as a ticket to our james lick freeway camera. in san francisco we are seeing the clouds start to increase. a cold start to the morning with in most locations in the '40's. into the afternoon mainly north bay showers. we have a slight chance around the san francisco bay. as we head to the evening hours. the rain chance to start to pick up and grow more intense overnight. here is a look at the temperatures we have forties' and '50s 49 out the door
starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing p
on the attack in benghazi that killed four americans. details ahead. >> the family of a u.s. marine who survived iraq and afghanistan says they're fearing for his life in a mexican prison over what they call an innocent mistake. we have that for you as well. a new report on the changing demos of the united states predicts no race will hold a majority in the coming decades. that's all ahead unless breaking news changes everything on "studio b." >>> first up, a high profile briefing today on capitol hill as lawmakers continue their probe into the deadly 9/11 attack. mike morel talking to house lawmakers behind closed doors, updating them on the investigation as to who carried out the attack and why. chris stevens a three others died in the attack. obama administration said it was a spontaneous event linked to a video. catherine herridge is live for us on capitol hill. there's been this back and forth now. even as much as a moment ago about when secretary of state hillary clinton will testify. what do you know? >> good to be with you. we've got a situation where two congressional committees are say
seng lost a quarter percent. the dow lost nearly 3 points. the nasdaq was down 8. and the u.s. is on track to run up its fifth straight deficit or manufacture than a trillion dollars. the treasury department says the budget gap rose to $172 billion in november. that's up from $120 billion in october. tax revenue is up this year, but it's been outpaced by more spending. >>> google maps are back on the iphone. the popular mapping system was replaced as the built-in navigation system when apple upgraded the iphone's operating system. however, apple maps was so unpopular ceo's tim cook offered an apology. google says it's even better than the one that used to be on the iphone. and get ready for horrendous holiday traffic this year. aaa says more than 93 million americans could be on the road for the christmas travel season. that's nearly 2% more than last year and would make it the busiest travel season in six years. >> erica ferrari here in new york. erica, thank you so much. >>> next week secretary of state hillary clinton will travel to capitol hill to testify about the attack
of skilled workers coming from our country, u.s. schools, u.s. workforces. that is the skills contact at the country could easily get behind and support. that is highly important as we think of the skills issue going forward. some of the issues i heard talked about before critical to that as well. what are we doing in the pipeline? what are we doing from the earliest ages to make sure that under-represented groups are taking to science? why do we have to drop off at middle school around young women? what are the long-term strategy is? we have to attack this on all cylinders and have and all of the above the strategy. but while we are doing the long- term strategy to have a bit of supply of stem and high skilled workers, we should not take our eye off what we can do in the short term. one of the most powerful statistics that came out of the president's science and technology council was the idea that you could have a significant effect on the number of workers we had if you just ensured that you had a higher graduation rate among those who declared a stem major in their freshman year.
-11. a suspected ringleader busted for being involved in the terror attack on our u.s. consulate. what could be the real motive of the people who gave him up? >> before he becaan internation sensation he spouted off vile words targeting american service members and their families. what he said that prompted psy to say sorry. >> i am harris falkner. we begin with what millions of pro football fans call american's team in grief and disbelief in this hour. in the second saturday in a row the nfl is dealing with the tragedy. details pouring out abopouring about an unusual car crash. a teammate charged with a death of a teammate. it is in the dallas suburb of irving a couple miles from the stadium. jerry brown a practice squad player died after the vehicle he was in flipped over and caught fire. behind the wheel according to officers was his teammate josh brent the cowboys lineman. police say brent had been drinking. >> the officers were able to determine based on the objective symptoms he was displaying they felt alcohol was a factor. that's when they moved into the dwi investigation. >> casey s
next year is likely to be a bit better next year here in the u.s. and globally. >> susie: we saw that treasury yields rose, and is this a signal to get out of treasures and to put your money into stocks? this has been a safety area for most investors. >> it sure is. i bought a bond and it went up, and why do you want to take this away from me. but i believe in the premises of your question. if, in fact, the economy is a little better, and the financial risks are a little bette th's a recipe for very low interest rates, for a mild increase in interest rates, which means bond prices go down. i would not be overweight in the treasury area. i would have modest weights and have the rest made up in equity, susie. >> susie: bob, thanks a lot. we look forward to your 10 predictions in 2013. we'll be talking to you about that. robert doll as nuveen as asset manament. >> susie: there was a new twist today in the samsung-apple saga over patent disputes. samsung electronics dropped a critical lawsuit banning the sale of apple products in euope. the good news helped put some shine on apple sh
far i'm growing demand overseas for supplies from the u.s. soybeans also dropping on slowing demand. david: peter kenny, to see his communicates, some of the best material on what is happening in the market around the world. we have him here live. and peter barnes with the latest developments on the fiscal cliff negotiations, but let's art in chicago with john, two very interesting situations continuing, drama over the fiscal cliff in d.c. and also this week we have the fed meeting. which is more important to the market? >> eventually it will be the fiscal cliff that is more important to the market, but make no doubt about it, the fed meeting with the announcement wednesday morning and wednesday afternoon is going to continue to support risk assets. you were talking about how the dollar is melting up for the fourth consecutive day. the federal reserve will make a very active effort to continue to support risk assets. whether they're equities or commodities. the metals market had a very positive day, recovering a bit with the damage done last week. risk assets are doing well, but ove
today, so thank you. [applause] >> later today you can see a discussion on how u.s. debt slow economic growth and the retirement of baby boomers could lead to a new phase of political and economic development. event is hosted by the american enterprise institute in washington. you can see it live, 5:30 p.m. eastern over on c-span. >> i think people still love discovery. just the channel to the ability find surprises. every month or every year i giggle a little bit about some show that people are suddenly talking about that a don't think you could have ever imagined. if you come to me and say mike, i want you to choose honey boo boo, or the show with the duck guy, or certain food channel network, i don't think that if i had to predetermined that was my practicum i would've ever picked that. but the ability to stumble on them or to hear people talking about them, let me do it into an environment and can go paddling kind of go paddling around in there, so defined, i kind of like honey boo boo and on watching it, i still think that's a huge part of the american television experience. and i
different view. this fiscal cliff is a grander issue than just the united states. the drag in the u.s. is a big import to the rest of the world. stock markets are supposed to be leading economic indicators. if you look at the markets around the world from the last several weeks to months, the markets seem to be indicating just the opposite. they seem to be indicating that a deal will get done. what kind of deal whether it's one stage or two stage, nobody knows. but the fact of the matter is the equity markets tend to look three to six months out. they're giving good signs around the world. in europe, asia, emerging markets and here in the u.s. what i'd be doing is sitting on a well structured portfolio regardless of what the economic outcome is. well diversified across markets, across countries. some emerging large caps. most importantly dividend growers. i'll have a bit of exception with your last guest. i think this is a much more global story. i think a lot of backdrop in europe and china has some improving trends in it that are behind this. >> if the market is such a great predict
a month into the u.s. economy by buying u.s. treasuries in mortgage- backed securities. by this time the fed tied their policies to and numbers same they will continue to keep the federal fund rate rate near 0 it until the u.s. unemployment rate falls below 6.5 percent right now it's at 7.7%. we will be right back. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. amonte of this morning google maps will be returning to the iphone. the world's most popular on my map systems has returned with the release of the global maps iphone. the new act comes almo
. >>> a journey has come to an end for john mcafee who arrived in the u.s. last night from guatemala. he was deported to the u.s. this morning he denied murdering his neighbor and said his trouble began when he refused to pay a bribe. >> began last year when soldiers stormed my property, shot my dog in the head. troyed my -- destroyed my home. >> u.s. authorities haven't questioned john mcafee and don't plan to. he will talk to authority physical they come to the u.s. >>> >>> dropping manslaughter charges. the bus struck and killed a nurse in a sidewalk. the bus driver told police she didn't see her. the bus was traveling 7 miles an hour. investigators say the bus video recorder showed the afternoon sun caused visibility problems that intersection. >>> san francisco seen a rise in domestic violence cases this year. ktvu's david stevenson shows us a new campaign to turn the trend around. >> reporter: san francisco officials launched a peace at home campaign to reduce domestic violence cases. >> we know from years of experience and data suggested to us that domestic violence goes up during
's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were go
to are prevent ratings agencies to downgrade u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'll have 30 days from now, 45 days from now, eamon. it does sound, though, judging from some of the latest rumors that they're almost comically close to a deal, especially when you talk about the income level at which tax rates would rise. is it 4, 450, settle on 5. is that the main thing you're interested in over the next couple hours? >> yeah, once they've gotten rid of the question about the changed cpi and social security over the weekend, which the republicans asked for, democrats denied, republicans backed down on that, then it becomes a matter of hammering out the details and making sure that you have the votes before you go to the floor. it does seem like they're very close to this deal. but it is the last day. there's not a whole lot of wi
for the presidential race. walker won the first governor in u.s. history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for our state and for the people of our state. >> reporter: new jersey governor chris christie's full-on embrace of president obama for helping sandy-ravaged new jersey came days before the election and had no noticeable effect on the presidential race, but some republicans think christie didn't have to be that efuse sieve. they'll remember if his name pops up in 2016. >> if it's a legitimate rape, the female body has ways to try to shut that whole thing down. >> reporter: from the say what category of entries comes a combo team, missouri senate candidate todd akin and richard murdoch of indiana. >> life is that gift from god, and i think even when life begins in that horrible situation of rape, that it is something that god intended to happen. >> republican dreams to take control of the senate in 2012 had dwipdalled throughout the year, but akin and maur dock pretty much shut that
blasted off. u.s. officials say that ground control has yet to send a key radio control to the satellite. >>> secretary of state hillary clinton will testify next week about the deadly attack on the u.s. consulate in bengahzi. a report on the review is expected to be released before clinton testifies, one week from today. >>> two men from new mexico have reportedly been arrested in a bizarre murder-for-hire plot. police say one of their targets was justin bieber. krqe says the two were allegedly plotting to kidnap, castrate and kill four people, including two witnesses to a crime committed by a murdered convict who one met in prison along with bieber and his bodyguard. how bizarre is that? >> sounds crazy. >>> honda recalling more than 800,000 minivans and suvs because of an emission defect. it effects 318,000 odyssey minivans in 2003 and 2004 and 2559 put suvs made in 2003 and 24 and also 230 acura mdx suv's made from 2003 to 2006. the defect allows owners to remove the keys from the ignition before putting the car into park which could be a very bad thing. honda recalled close to 400,0
jobs may stall out at a gm plant in germany. the u.s. automaker is out with plans to stop making its zafiras at its opel division in 2016. gm, however, is considering other options for the factory to stymie job losses. the carmaker is attempting to put the brakes on its losses in europe. the plant shutdown becomes the first for germany since world war ii. italian bond yields headed higher following news that prime minister mario monti plans to resign. monti's reign will come to an end in february, following passage of the 2013 budget. the move raises political concerns over italy in the midst of the eurozone crisis. monti has been credited with keeping italy's debt crisis under control. the japanese economy has some gross domestic problems. japan's gdp has contracted two quarters in a row, signaling it has entered recession. a recent territorial dispute with the chinese government and struggles following last year's tsunami continue to hurt japan's export market. an election next week in japan could have a large effect on fiscal policy. reports say delta is close to landing a deal th
to avoid police, but he spent the last week in a detention facility. today he was flown to the u.s. john mcafee was being held in a detention center in guatemala for immigration violations after he escaped questioning in bough lead about the murder of one of his neighbors. his miami hotel he described to reporters what happened when his plane landed in the u.s. >> they had everybody sit down they said is john mcafee on the plane, then please come forward. they said we are here to help you. please come with us. >> if they want to come here and talk to me, i would be more than happy to talk. >> he told bloomburg news he was concerned about police in belize putting their hands on him. he explained what he meant by that. >> grabbing me, collecting me, doing what they they want to do with me. >> if you read my blog for seven months i have been speaking out against the government openly, angrily. i am a thorn in their side and they want to shut me up. now they can't shut me up. >> it is unclear what if anything will happen now that he is in the states. the u.s. attorney's office and marshals o
to guatemala to avoid police, but he spent the last week in a detention facility. today he was flown to the u.s. john mcafee was being held in a detention center in guatemala for immigration violations after he escaped questioning in bough lead about the murder of one of his neighbors. his miami hotel he described to reporters what happened when his plane landed in the u.s. >> they had everybody sit down they said is john mcafee on the plane, then please come forward. they said we are here to help you. please come with us. >> if they want to come here and talk to me, i would be more than happy to talk. >> he told bloomburg news he was concerned about police in belize putting their hands on him. he explained what he meant by that. >> grabbing me, collecting me, doing what they they want to do with me. >> if you read my blog for seven months i have been speaking out against the government openly, angrily. i am a thorn in their side and they want to shut me up. now they can't shut me up. >> it is unclear what if anything will happen now that he is in the states. the u.s. attorney's office and mars
last night that he would happily talk to officials from belize, if they came to the u.s.. when asked if he was worried about extradition to belize? he said no. >> i'm not worried if i'm in front of a court they will not me back i have tons of evidence about the corruption. >> reporter: mcafee has long blogged about police and government corruption in belize he says that is the reason he does not want to talk on their turf. he has not been charged with any crime and multiple agencies in the u.s. say there is no active arrest warrant. as to his state of mind passengers on his plane say he seemed calm. he told reporters at the hotel he no idea why he was in miami. he said he was looking forward to having fast food and sushi. katie marzullo, abc7 news. >>> fire them what the governor told caltrans to do with a private firm. caltrans agreed to spend 9.8 million dollars to bring in outside pr people. governor's office was embarrassed because the high cost would look improper give the -- given the state's financial woes. >>> 4:47. two weather events this morning one is the chilly temperatur
are planning a massive attack on 30 u.s. banks and financial institutions. take a look and see if yours is on the list. this is a partial list. the attack is called project blitzkrieg that supposedly launched by two russian hackers to begin next spring. the goal is to steal millions from customer accounts. kevin, let me bring you in. you are a former hacker and you have your own business. welcome. explain this to me. project blitzkrieg. how is it supposed to work? >> it's a large scale attack. they will be using all types of technology and basically what we call bot nets to gather a lot of computer systems is of average people into this bot net. how that's done is these attackers are able to get software on to these computers and install malicious software that can gather banking credentials or even as you are online with your bank, they can be actually changing how it looks to you on your screen. >> so this is incredibly scary. here's the thing, when you read about this, these u.s. financial institutions are not doing enough to beef up security online. they are putting it on we, the cu
most expensive storm ever for the u.s., following hurricane katrina. the storm destroyed houses and businesses on the east coast, leaving millions without power. just months earlier, crop prices shot up following a massive drought that hit the midwest and some northern states. weeks without rain sent corn and soybean prices sky-high. it was estimated that the drought was the worst in nearly a quarter of a century. 2012 was not without its controvesies. trading scandals rocked the news, highlighted by jpmorgan chase. the big bank lost more than $2 billion in what was called "a trading debacle." ceo jamie dimon took a trip to capitol hill for a testimony where he told senators that the industry needs "strong regulation, not always more." meanwhile, at chick-fil-a, the ceo of the popular chain cooked up trouble with some very public comments opposing gay marriage. the comments created a divide between protestors and supporters, some of whom participated in a successful chick-fil-a appeciation day. and, in a shocking move, twinkie maker hostess closed its doors, claiming a strike by
about this. stay away from materials. central banks cannot solve structural problems in the u.s. economy. lori: stocks have been benefiting from this so-called wealth effect. >> the stock market is a leading indicator. deutsche bank is saying we are seeing 1.5%, 2% growth. they are seeing growth also. we do not know how long the stock market can hang in there. lori: with, thank you. dennis: what is the hottest application on an apple device today? lori: john mcafee no longer running from police. gold off 20 bucks on ounce. back with more after this. ♪ it's a new day. if you're man with low testosterone, the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acnen women may occur. report these signs and symptoms to your doctor if they occur. tell you
in the conversation to the detriment of us in the u.s. >> you have seen some of that already because of our crazy taxes and corporate profits. unfortunately other countries are committing the same sense. a handful of countries get it right. singapore, they will get that investment. in europe there are some countries getting it right like sweden, poland, bulgaria, the baltic states, but the major players are doing the same poison as things that we're trying to do here. lori: thanks you so much for coming in. in joined the conversation. adam: thank you. we are going to talk about something investors to follow financial stocks. then sweepstakes. coming to an end, details that people might have skin in this camera going to want to pay attention to. >> sources are telling the fox business network that they are finalizing the agreement. he's working in now with cantor fitzgerald. we should point out, this deal is not finalized. they have not signed the paper, but from what we understand they are in advanced talks to do a final deal. pretty interesting. in -- someone who cover the financial crisis. this
one that dumped more than a foot of snow in the federal u.s. has disrupted air travel. it's now over the great lakes. at least seven deaths have been reported including three in iowa. victims were killed in a 30 car pileup on interstate 35. also the power was knocked out for 400,000 homes anopias in -- homes and businesses in about 13 states. o'hare airport canceled hundreds of flights. o'hare is the hub for united airlines. flights are expected to be back on schedule today. >>> it is coming up on 5:04. overnight a police chase ended in a firey crash in antioch. it happened after 1:30 this morning on highway 4. a robbery suspect hit a retaining wall during a police chase and his car burst into flames. the suspect managed to get out of the car and run off but he was found about two blocks away. and taken to the hospital. >>> also in overnight news fire torched the inside of a san pablo home. lorraine blanco is live at the scene on collin street with details on what may have led to this emergency. good morning, lorraine. >> reporter: good morning. it's barely a a.m. you -- it's barely
the men are u.s. citizens. originally though from pakistan. they could get life in prison. there is a stalemate. let's not kid ourselves. that's the quote today from speaker of the house john boehner about the battle over the so-called fiscal cliff. that's the combination, of course, of spending cuts and exexpiring tax breaks set to kick in about a month from now. economists say it could cause another recession. today, the president visited a toy factory in pennsylvania to make his case for his plan. he is asking americans to pressure congress to extend tax cuts for the middle class right now. in fact, extend tax cuts for everybody for the first $250,000 of income. so the families won't have to worry about a new year's day tax hike. republic leaders say letting the tax cuts expire on income of more than $250,000 would hurt small businesses and, as they call them. job creators. let's get to ed henry who is with us from the white house tonight. president says the election proved most americans are on board with this plan. >> that's right. he, without using the word thinks he
're in the "cnn newsroom." i'm joe johns. fredricka whitfield is off. u.s. investigators are looking into whether a man detained in egypt played a role in the attacks on the u.s. consulate in benghazi. egyptian authorities have detained muhammad abu ahmed. he's a well known jihadist who was released from prison after the downfall of former president hosni mubarak's regime.diotti i york. what do we know about the arrest of the aleng ledged terrorist suspect? >> he was picked up a couple weeks ago in ejimegyegypt. joous authorities suspect he may have been involved in the consulate attack in benghazi on september 11th that killed chris stephens and three other americans with direct knowledge of the investigation. the u.s. source tells me the fbi which is conducting the investigation, has not had access to him yet. the source says following the attack, ahmed very quickly popped up on their radar, so they have been looking at him for some time. the official would not comment on what led them to him. joe. >> so what do we know about this guy? he's a radical, certainly, and he's been on the radar, but
a look at some of the other stories making news this fine morning. >> good morning. u.s. officials say north korea may not have control of the satellite it put into orbit. it was on board that rocket launched yesterday. this is claiming to be from the control room in north korea as the rocket blasted off. u.s. officials say ground control has yet to send a key radio signal to the satellite. this may indicate a potential problem. >>> secretary of state hillary clinton is set to testify next week about the terror attack on the u.s. consulate in benghazi. she'll appear before the house and senate foreign affairs committees. a report by a state department review board on the attack that killed ambassador chris stevens and three other americans is expected to be released before clinton testifies. she testifies one week from today. >>> a lockdown has been lifted this morning on the campus of california state university at fullerton. that's near los angeles. the campus went on high alert yesterday after suspects in an armed robbery at a nearby store abandoned their getaway vehicle near the sc
: amazing. former shell president john hofmeister joins us on whether or not the u.s. should export or our plentiful supply of natural gas. and heading out to break the vacancy micron technology's trading up almost 4%. we will be right back. lori: stocks now as we do every 15. let's head to the floor of the new york stock exchange and nicole petallides. "barron's" out with picks for 201 and how are the particular names doing? >> let's check them out. these are hot stocks to watch not only today but also through the next 52 weeks going into 2013. these are the top picks. apple being of course a name we focused on so often but you can see that is certainly in the top 10 there. some of the other names include blackrock, general dynamics, jpmorgan chase, viacom, western digital. those are some of the ones we're also taking a look at that are on the move. these are all the names baron picked going into 2013 as their top list. they say their favorite could produce gift teen% to 20% total returns including dividends for next year. they're talking about postively about marathon petroleum. these ar
they are investing from pre-k through college. there will have more in china and any of them the entire u.s. work force. we're focused on a global economy. those from harvard are competing globally with students from china, germany, brazil. tavis that transform the way we think about education? do you think your role as straining american leaders? are you looking at attracting global leaders? >> there are so many questions. let me address a few of them. there are numerous kind of statistics that we have a preeminence of college graduates in our populations and levels of participation. we are losing this. we have once last three of the world's college graduates. that is an interesting illustration of a shift in the dynamism. i see this when i travel. a huge commitment to public resources. huge energy to enthusiasm of higher education. india wants 1500 new universities by 2020. alicia's in a meeting about hong kong this week. i learned that hong kong university is expanding undergraduate education from three years to four years because they think it is not giving students enough time. there are all
on cnn. >>> after years of failed attempts, north korea successfully launches a rocket, why the u.s. is calling it clear provocation. >>> they're back, after three months an apology from apple's ceo and a fired high-ranking executive later while google maps returning this morning to the iphone store. >>> last night the stars came out and brought the house down. ♪ checking in your suitcase, thunder's rolling down this track ♪ >> we'll take you to the concert that raised nearly $30 million for superstarm soorm sandy reli. "the newsroom" starts right now. >>> good morning. car roll is off today, i'm don lemon. breaking news out of afghanistan, just a short time ago a suicide bomber detonated a vehicle outside the gates of kandahar airbase. defense secretary leanne panetta had been there, traveling there but he left hours earlier. not clear if the attack was tied to his visit. there are initial reports, though, that several coalition soldiers were wounded along with as many as ten civilians. we'll keep you updated on that attack here on cnn as we get new information. >>> and also ne
to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a constructive meeting. we all understand where we are. >> we feel very comfortable with each other and this isn't something we're going to wait until the last day of december to get it done. >> isn't that special? now we're in the last days of december. and with just three days to go, the rhetoric has changed in the beltway. these are the latest comments. >> republicans aren't about to write a blank check for anything senate democrats put forward, just because we find ourselves at the edge of the cliff. that wouldn't be fair to the
to decline .1%. u.s. sales are seen falling by .8% while europe is expected to tick slightly higher. this was a big deal last month when they came out for their comps. it disappointed for the first time in years and years. people will be watching this number very closely to see if the consumer is still feeling good, to see if mcdonald's's managed to get that mix right. there were concerns that they put too many things on the dollar menu. they said last month they would be changing that. whole see what happened. shares of mcdonald's year-to-date, they have come down quite a bit. >> you only read two. why do i have to read this? >> i read three. >> weight watchers, possible cases of insider trading. reuters say i resemble this. reuters say authorities are investigating hedge fund for insider trading in weight watchers. s.a.t. had taken a sizable position in the stock. cohen fund briefly held 2.1 million shares under scrutiny by authorities. at which time the stock price roughly doubled. in other huj fund news, john paulson said friday that his funds experienced mixed returns in novemb
have that in u.s. hands -- i would rather have that in u.s. hands. >> i think george washington summed it up best. keep strong american borders and stay out of other countries squabbles. what ever happened to our christian ethics and foundation? >> the biggest change in american foreign-policy since the republic was founded was the creation of nato in 1947. it was the point in time the united states said they would engage in other countries in our national interest. the previous 165 years of american history avoided those kinds of commitments. you can make your own decisions if it was smart. i think it was wise myself. it was a significant change in the orientation of american international engagements. that has been true since 1947. 65 years we have been engaged that involve the united states and the global leadership position. we want to leave or doing what to stay or do we want to alter? those are the decisions of the obama administration would face. when you do not have the kind of resources that allow you to do everything you want to do in commit to every engagement, what are the
apple maps. >> u.s. airlines are working to get internet access to overseas flights. united, delta and american airlines all said they expect that international flights with wife i assets takeoff of the next several weeks. >> united is aiming to have internet access on 300 planes by the end of next year. >> delta says it will take them as long as two years. >> so far, none of the airlines is and how much the at the internet will cost. >> toys r us plans to stay open around the clock in the days before christmas. >> this follows macy's announcing its plans to stay open 24-7 leading up to christmas. >> this the third straight toys r us stores will remain open from 6:00 a.m. on december 21st until 10:00 p.m. on christmas eve. >> their store in times square in new york city which you see in this video has been open 24-7 since december 2nd. >> new this morning starting today commercials that are louder than the show you are watching our band. >> the federal commission commission says commercials was maintain the same average volumes of programs that company. >> the fcc says lot commerci
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